The Downtrend or Uptrend for MJWL, EEENF, OZSC, TCNNF?

June 28, 2021June 28, 2021 DRP Staff 88 Energy Ltd, Majic Wheels Corp, Majic Wheels Corp. (OTCMKTS: MJWL), OTCMKTS: EEENF, OTCMKTS: MJWL, OTCMKTS: OZSC, OTCMKTS: TCNNF, Ozop Energy Solutions, Ozop Energy Solutions Stock, Trulieve Cannabis Corp, Trulieve Cannabis Corp Stock

We’ll talk about the bearish and bullish indicators of three penny stocks and a cannabis stock here. Majic Wheels Corp. (OTCMKTS: MJWL) was founded in 2007 and is headquartered in Florida, U.S. On Friday, the stock jumped 11.06% and was trading at $0.14 on the volume of 334K shares, against its average trading volume of 69.56M, at the call of bells. The stock has moved in a range of $0.12 – $0.14 through the day. The market capitalization of this stock is 159.25M USD. Over the last month, this stock has soared 133.50%. It seems to be moving with a bullish trend as of now.

What’s up with EEENF?

On Friday, 88 Energy Ltd (OTCMKTS: EEENF) stock jumped 9.68% to $0.020 with over 869K shares, compared with an average volume of 110.67M trading in the market. Through the day, the stock moved within the range of $0.018 – $0.021 after it opened at $0.019. Through the year, the stock has moved within the range of $0.00 – $0.20. The Q4-2020 revenue of this company is reported at $82.84K, up 108.11% from a year before.

Oz Energy could be a good penny stock to have

The penny stock Ozop Energy Solutions Inc (OTCMKTS: OZSC) dipped 1.23% and closed at $0.073 on Friday with a volume of 384K against its average share trading volume of 42.70M. The P/E ratio for this stock is 0.02. The market capitalization of Ozop Energy is 350.22M USD. This stock is being seen as a big energy player since in the last six months its has moved up 625.00%. This is the revolutionary time in the energy sector, with most companies moving towards renewable and cleaner sources. The company’s EV charging systems to be deployed in many urban areas keep investors’ hope from this penny stock up.

Trulieve Cannabis could be a good stock in the portfolio

Trulieve Cannabis Corp (OTCMKTS: TCNNF) is the following stock we’re talking about here. On Friday, TCNNF took a minor dip of 0.63% and closed at $38.99, although in the after-hours it was up 0.019% with a price of $39.00. Through the day, it moved within the range of $38.88 – $40.22. It comes with a market capitalization of 6.03B CAD. Its Q1-2021 revenue has been 101.78% up and is booked at $193.82M. This is a good cannabis stock to have in the portfolio.